Oppenheimer expands Custody and Prime Services Platform

Oppenheimer & Co. announced the expansion of its Custody and Prime Services platform, designed to better serve the evolving needs of small- and mid-sized hedge funds, investment managers, and family offices. As part of this expansion, the firm has integrated its Fixed Income custody business, positioning CAPS as a fully multi-asset platform supporting global fixed income, equities, and listed options. This growth underscores accelerating demand from emerging managers and reflects Oppenheimer’s commitment to providing transparent, customizable, and relationship-led solutions. Launched in 2022, CAPS was created to strategically leverage Oppenheimer’s self-clearing and custody infrastructure, providing a high-touch, service-oriented offering that aligns with the firm’s core strengths: fundamental research, capital markets access, and execution services. Intentionally focused and risk-conscious, the platform is designed for clients seeking high-touch custody and execution support.